0
What else can I help you with?
What are the implications of having a transfer on death deed with a mortgage on a property?
Having a transfer on death deed with a mortgage on a property means that upon the owner's death, the property will transfer to the designated beneficiary without going through probate. However, the mortgage on the property will still need to be paid off by the beneficiary or the property may be subject to foreclosure.
What is an RPTT or RETT?
RPTT = Real Property Transfer Tax RETT = Real Estate Transfer Tax
Can the executrix collect her admisitrative fees from inherited property that was deeded to heirs prior to death?
Generally, no. If the decedent transferred real property prior to death and the deed was recorded at the time of the transfer, it was not part of the estate when she died.You should note, however, that you referred to the property as "inherited property" in your question. The executor has control over all "inherited property". If the property was transferred to family members prior to death then it was not "inherited".You should discuss this matter with the attorney who is handling the estate.Generally, no. If the decedent transferred real property prior to death and the deed was recorded at the time of the transfer, it was not part of the estate when she died.You should note, however, that you referred to the property as "inherited property" in your question. The executor has control over all "inherited property". If the property was transferred to family members prior to death then it was not "inherited".You should discuss this matter with the attorney who is handling the estate.Generally, no. If the decedent transferred real property prior to death and the deed was recorded at the time of the transfer, it was not part of the estate when she died.You should note, however, that you referred to the property as "inherited property" in your question. The executor has control over all "inherited property". If the property was transferred to family members prior to death then it was not "inherited".You should discuss this matter with the attorney who is handling the estate.Generally, no. If the decedent transferred real property prior to death and the deed was recorded at the time of the transfer, it was not part of the estate when she died.You should note, however, that you referred to the property as "inherited property" in your question. The executor has control over all "inherited property". If the property was transferred to family members prior to death then it was not "inherited".You should discuss this matter with the attorney who is handling the estate.
Is a will the same as a sale deed?
No a will is not a deed. However, a probated will can transfer legal ownership of real property without the need of a deed.No a will is not a deed. However, a probated will can transfer legal ownership of real property without the need of a deed.No a will is not a deed. However, a probated will can transfer legal ownership of real property without the need of a deed.No a will is not a deed. However, a probated will can transfer legal ownership of real property without the need of a deed.
What is the difference between the drafting and conveyancing?
Drafting involves the writing of documents. Conveyancing is the transfer of real property by deed to a new owner.Drafting involves the writing of documents. Conveyancing is the transfer of real property by deed to a new owner.Drafting involves the writing of documents. Conveyancing is the transfer of real property by deed to a new owner.Drafting involves the writing of documents. Conveyancing is the transfer of real property by deed to a new owner.
Can a wife transfer a quitclaim deed to her husband even if he doesn't want her to?
No. In order to perfect a transfer of the title to real property there must be a delivery to and acceptance by the grantee of the deed. If done in secret, the husband can disclaim the property when he finds out about the transfer.No. In order to perfect a transfer of the title to real property there must be a delivery to and acceptance by the grantee of the deed. If done in secret, the husband can disclaim the property when he finds out about the transfer.No. In order to perfect a transfer of the title to real property there must be a delivery to and acceptance by the grantee of the deed. If done in secret, the husband can disclaim the property when he finds out about the transfer.No. In order to perfect a transfer of the title to real property there must be a delivery to and acceptance by the grantee of the deed. If done in secret, the husband can disclaim the property when he finds out about the transfer.
What legal document is used to transfer the title of real property from one party to another?
A deed is the legal document used to transfer the title of real property from one party to another.
Why do you have to pay death taxes?
You don't have to pay taxes.. But the government says they tax the transfer property at your death..
What is a written claim of property?
Real property is transferred to another owner by a deed. A deed is a written legal document that is used to transfer the title to real property.
What is a written claim of some piece of property?
Real property is transferred to another owner by a deed. A deed is a written legal document that is used to transfer the title to real property.
What is the difference between a survivorship deed and a transfer on death deed?
All the grantees on a survivorship deed own the property and each has the right to the use and possession during their life.The beneficiary in a transfer on death arrangement only acquires rights in the property upon the death of the owner.
Do assured property claims have to be legally transferred?
In England the legal evidence of a conveyance of real property (by deed or instrument of conveyance) is called the common assurance. The answer is yes. When an owner intends to transfer an interest in real property it must be done legally with the appropriate documentation.In England the legal evidence of a conveyance of real property (by deed or instrument of conveyance) is called the common assurance. The answer is yes. When an owner intends to transfer an interest in real property it must be done legally with the appropriate documentation.In England the legal evidence of a conveyance of real property (by deed or instrument of conveyance) is called the common assurance. The answer is yes. When an owner intends to transfer an interest in real property it must be done legally with the appropriate documentation.In England the legal evidence of a conveyance of real property (by deed or instrument of conveyance) is called the common assurance. The answer is yes. When an owner intends to transfer an interest in real property it must be done legally with the appropriate documentation.
